Thank you for your feedback. We have added HIK local axis transform feature in version 7.7. Please see the manual here: http://manual.reallusion.com/iClone_7/ENU/Pro/Default.htm#iClone_7/7.7/08_Animation/Motion_Layer/Two_IK_Methods.htm
Yes! Let's make the PRO tool!
This is a major thing that really affects are animation workflow, can this please be looked at?
Voted, this needs implementing